What are the most attractive long -term, medium-term and short-term investment presently available?
For the short-term (90 days to 1 year) we recommend our Money Market Fund (MMF). This is a Unit Trust Fund that guarantees a positive rate of return, and allows you, through a pool of investors, to invest in several attractive short-term instruments. Scotia DBG’s MMF was the top-performing fixed income Unit Trust Fund in Jamaica for 2001 and 2002. For the medium-term (1 to 5 years) we recommend the Money Market Fund or the Premium Growth Fund. The PGF is a tax-free fund, where equities and fixed income investments are combined. The rates are not guaranteed, but they have been proven to be superior! For the long-term (5 years and over), we recommend the Tax Free Income Account (TFI) or any of our Unit Trust products. The TFI, for individuals only, gives you a fixed rate of interest per roll over period. 100% of your primary investment and interest is returned to you, tax-free! (Conditions apply).
